Warren Buffett’s Had It With These Stocks!
Billionaire investor Warren Buffett's Berkshire Hathaway invests over $100 billion in individual stocks, and while Buffett's renowned for his patience, it appears he's pretty unhappy about the performance of IBM (NYSE: IBM) and General Electric (NYSE: GE). According to Berkshire Hathaway's quarterly 13-F report, Buffett spent last quarter reducing his ownership stake in Big Blue and unloading all his shares in GE.
IBM may be a big-cap technology stalwart, but its attempts to transform itself by focusing on next-generation technology has been slow to overcome headwinds associated with declining demand for its legacy hardware products.
IMAGE SOURCE: MOTLEY FOOL.
Source: Fool.com
International Business Machines Corp Stock
€202.55
-0.810%
With 44 Buy predictions and 3 Sell predictions International Business Machines Corp is one of the favorites of our community.
As a result the target price of 271 € shows a positive potential of 33.79% compared to the current price of 202.55 € for International Business Machines Corp.
